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  1. https://twitter.com/gerrymcculloch1/status/450025504805257216 Gerry McCulloch ‏@gerrymcculloch1 @bjm1979 @Eddiek62 ebt's undoubtedly gave sporting advantage in my opinion. We'll see what result appeal brings.
  2. My gran wasn't too impressed with Colin Stein. Nothing to do with the player himself of course, but everything to do with the grandson who muddied himself on her back green in Anniesland trying to emulate the great man's latest goal every Saturday. The following day being Sunday, there was no way she would take her grandson to church looking anything less than respectful and appropriate for The Lord's House. So the breeks were hand washed in the big kitchen sink, scrubbed at the knees with a scrubbing brush before being rinsed, and then wrung out on the huge brass taps. Depending on the weather they were either then hung out on the verandah, allowing the employees of Barr and Stroud, the factory directly across from my grandmother's tenement, to know that Colin Stein's young protégée was in residence. In the event of inclement weather, an extra lump of coal was placed on the fire and the trousers placed on a screen nearby. Nowadays of course they would be straight into the washing machine and then the tumble dryer - Sorted. Often we take for granted the things which makes life's journey far more comfortable or enjoyable. Having them taken away for whatever reason can leave us with the prospect of having to do things as in days gone by, a fact I was reminded of that recently. Rumour reached me that our supporters bus, The Monifieth Loyal, had folded leaving me facing the prospect of a long solitary drive, to and from Ibrox drive every other week. (The fact that it would also mean an abstention from alcohol on match days was a minor matter. Honestly) It was not something I relished having discovered the considerable benefits of the local supporters bus. It was relief to read a few days later on Twitter that the rumours were totally unfounded and it was business as usual. Whilst supporter's buses may be an alternative form of transport for those of us who can drive, for others they are the only form of transport available. For those in our community who are less than firm, less than able, the supporters bus with it's unique and personalised stops and pick ups is often the margin of success in them overcoming insurmountable difficulties. The sight of the infirm and disabled overcoming the cruel hand life has dealt them to watch their beloved Rangers, is one which is truly inspiring. Then of course there is the “social” aspect of the bus. Yesterday at Gayfield I bumped into and old friend of mine I hadn’t seen for years who promptly introduced me to members and organisers of his bus. Let's just say every one of them were in particularly high spirits, I would imagine the crack on the bus home would have been worth the admission money alone. But it goes further than this. For those of who through work or other commitments have been forced to leave the mother nest of Glasgow for pastures new, the supporter's bus brings together a network of exiles who otherwise may have been strangers to one another, and the many considerable benefits which that brings. The local supporter's bus offers many benefits, financial, friendship, social networking, information, opinions and convenience to name but a few. If you currently don’t travel via one I would encourage you to try it. You will soon find it is not one of life's luxuries, after a few experience you place it in the “essentials” category - and there will be no going back to “the old ways”.
  3. One club/stadium noticeably missing when you search Greater Glasgow for Sport>Football on http://www.visitscotland.com/en-us/info/see-do/searchresults?prodtypes=ACTI%2CATTR%2CENTE%2CRETA%2CTOUR&refined=1&refine-place=on&src_area=4651&refine-location=&loc_address=&loc_place=&loc_polygon=&src_location=&loc_placeprox=&src_pcproximity_bands=50%7C20%7C10%7C5%7C2%7C1&src_pcproximity_dist=50&refine-category=on&src_category=cg038&refine-name=on&src_name=football …#RFC@ofvoid
  4. “We note today’s interim results which show a drop in revenue excluding the Sports Direct deal, a failure to address operating costs during the period to December 2013 and doubts over the cash position of the club going forward. The most important issue, and one which highlights the obvious need for substantial investment, surrounds the cash position of the club both at this present moment and at the AGM last December. The CEO, Graham Wallace, stated at the AGM that there was “sufficient cash in the business to fund the ongoing needs of the club in the near term”. It appears from both these interim results and the recent loan of £1.5m from shareholders that this statement at the AGM may have been somewhat misleading. It is unclear exactly how it could have been stated by the board at that time, with any confidence, that there was sufficient cash even for the short term and we would like Mr Wallace and Mr Somers to explain this as a matter of urgency. We would also like to address Mr Somers comments on the consequences of the possible withholding of season ticket money. We are certain that not a single one of the 6500 fans, and counting, who have so far shown interest in the idea of a season ticket trust, have any wish to withhold any money from the club. However, it would be foolhardy for fans to once again commit their money without any kind of transparency or security. The fans have shown outstanding loyalty and commitment in the past two years, both via the IPO and two sets of unprecedented season ticket sales, but we have seen that loyalty thrown back in our faces as money has been squandered. Mr Somers acknowledges how vital season ticket cash is and the need for the board to build trust with the fans. What better way to do that than to give security over vital club assets - Ibrox and Auchenhowie - to the fans in return for that much needed income? The board have publicly stated that they have no plans to use these assets for any other security, or a sale and leaseback, and so there is no impediment to them agreeing to the terms of release. For the avoidance of doubt, there is no plan to drip feed season ticket money on a game by game basis. The proposal is simply that season ticket money is paid in a lump sum, prior to the start of the season, in return for security over club assets. This will allow fans to be safe in the knowledge that no matter what happens the club’s assets will be in good hands. We also note Mr Somers statement about fan engagement but, since announcing the trust, we have had no contact from the board. Given the obvious and urgent need for investment, we would once again urge the board to accept Dave King’s offer of £30m so that both the fans and the club can move forward in harmony.” http://www.unionoffans.org/statements/ctbbhmeyvnm6jucnohohhbl3jce9ay
  5. What's the latest with Lewis?,is he still injured?,what is his injury?,when is he due back?.
  6. http://www.dailyrecord.co.uk/sport/football/football-news/keith-jackson-its-check-mate-3286265#.UzKOhg6Tggg.twitter
  7. Sunday, 23 March 2014 15:45 48-Hour Wait For Duo Written by Andrew Dickson RANGERS hope to find out the extent of damage done to Nicky Law and Ian Black in today’s win at Brechin inside the next 48 hours. Midfielder Law went off in the first half of the 2-1 success in Angus after hurting his back and he was replaced by Sebastien Faure. Black then had to be carried off on a stretcher after he went to shoot and connected with the sole of an opponent’s boot instead in the second period. The ex-Hearts star left Glebe Park on crutches but Gers are hopeful his foot will just be badly bruised rather than anything more serious. It remains to be seen if he’ll be fit enough for next weekend’s trip to face Arbroath at Gayfield but that will become clearer as the week goes on. At this stage, it appears Ally McCoist is more optimistic of having Law available for the meeting with the Red Lichties. After the final whistle sounded on a success which takes Gers 32 points clear of Dunfermline in League One, he hinted the Englishman’s withdrawal was a precaution more than anything. McCoist – already without key men Andy Little and David Templeton in the coming weeks - said: “At this moment in time they are both toiling. “We won’t really know how they are for another 24 to 48 hours. Blackie’s got a sore one. He went to strike the ball, the lad went to block him and I think everyone in the crowd heard it. “It looked and sounded like a sore one so he’ll ice it just now and we’ll reassess that one tomorrow morning. “Nicky is very much the same. He just felt he twisted his back a bit on a run through in the first half and we weren’t taking any chances so we took him off.” http://www.rangers.co.uk/news/headlines/item/6597-48-hour-wait-for-duo
  8. Alasdair Lamont ‏@BBCAlLamont 1m Rangers transfer Laxey £1m loan to fan and shareholder George Letham at a reduced interest rate.
  9. http://www.rangers.co.uk/news/headlines/item/6545-club-statement
  10. by Graham Taylor | Guest Contributor I’ll be the first to admit that when the name of Sandy Easdale was first mooted as having a possible involvement at Rangers in November 2012 I didn’t know the first thing about him, as no doubt many that do not live in the central belt probably didn’t either. Handily though, the Daily Record were quick to point people in the direction of Mr Easdale’s somewhat questionable business past with an article entitled “Bus tycoon Sandy Easdale who was jailed over VAT fraud is courted as possible investor at Ibrox”. Taken at face value at a time when the club was needing to regain its credibility following the disastrous insolvency experience under the stewardship of Craig Whyte, I, like many, was aghast at the thought of an individual with an equally-dubious business background to that of Whyte being involved at the club. It was noticeable from the story that the Rangers spokesman at the time felt it necessary to give direct comment on the possible involvement of Easdale at the club. Looking back it is clear that, even from that early stage, Sandy Easdale was being lined up for a prominent role at the club. As the beginnings of a boardroom turf war started to creep its way into the spotlight Sandy and his brother James joined the embattled Charles Green in the Directors' Box for the friendly against Linfield. It was around this time that Green was feeling the heat for his links to Craig Whyte and the fallout from his racist remarks in a Sunday newspaper interview, so with the focus firmly on Green it was perhaps an ideal opportunity for the Easdale brothers to be seen with the man firmly in the public domain. Days later, Green resigned his post as Chief Executive of the club. A few days beyond that, it was announced by BBC Scotland’s Chris McLaughlin that James Easdale–and not Sandy–would be buying the seven percent shareholding held by Green. Now, given what we know now, why was it James that was announced as the man looking to buy the sizeable shareholding and not Sandy who has been largely the main figure at the club in recent times? And why was it claimed by McLaughlin that the brothers held a shareholding far in-excess of what they could possibly have held then and still do to this day? Coincidentally, it became common knowledge around this time that Jack Irvine had become the Easdale brothers’ personal PR representative. This led to the infamous interview where Sandy and, to a lesser extent, James laid out their vision for Rangers going forward to BBC Scotland’s Chief Football Correspondent whilst sitting in one of their buses. For businessmen hoping to be taken seriously in their objective of securing board representation, it was an abjectly embarrassing episode. Sure enough and even with a relatively small level of shareholding James Easdale was given a non-executive Director role on the plc board. Sandy would have to wait a few weeks later for his role on the Ltd company board, which he was later named Chairman of with the remit to run the business side of the club that the plc board did not run day-to-day. Sandy was subsequently asked in an interview with STV’s Peter Smith if he felt his conviction for VAT Fraud in 1997 contributed to him being unable to take a role on the plc board. He denied this was the case and said it was his decision to not take up a role on the plc board. It was widely discussed in October last year, none more so than by the former Scotsman journalist Tom English in an amusing parody, that Easdale did not wish for Dave King to be involved at the club and that Easdale’s PR representative had been briefing journalists that King’s potential involvement would be vetoed by the relevant authorities. King himself admitted last month that his recent discussions with a view to investing in the club were held with Easdale and not the Chief Executive Graham Wallace or the Chairman of the Investment Committee Norman Crighton. King has since said that had it not been for fan pressure then the board would not have met with him in the last few days. Now what possible problem would Sandy Easdale have with a committed fan investor such as Dave King being involved in the restoration of Rangers? If he’s as big a supporter as he claims to be then getting King involved is a no-brainer, but if the above is true then it seems Easdale is continually putting obstacles in the way of King getting in the door. Why? The question that many would pose is just what purpose does Rangers Football Club hold for Mr Alexander Easdale? Does he see the club as a passionate hobby and is involved to assist the club in its return to its rightful place? Does he see Rangers as a commercial opportunity to make a profit from, as is the case with the various institutional investors? Or does he see his involvement as a chance to create a public profile that would give him the type of status that is indicative of others with similar wealth in Scotland? And with the added bonus of providing him with a less-than-dubious prefix to his name when being discussed in media circles, unlike the “ex-con” he was described as in the above Daily Record article prior to his involvement at the club? The questions surrounding Easdale don’t end there. For instance, why has he decided that Craig Houston from the Sons of Struth or the GersNet site is more deserving of litigation proceedings than the fans of lesser clubs or frequenters of bus and coach forums who constantly label him with the same terms? Why have his solicitors Levy McRae issued legal letters for and demanded immediate cessation on Rangers fan forums only and not targeted these various other football and travel sites? One Google search will confirm that this is the case, yet he has chosen to make an example of an ordinary Rangers supporter, as Alexander also claims to be. Why? Why did he claim in the interview with Peter Smith that he had investors lined up to invest in Rangers if need be? If so, why were these investors not approached prior to him providing a loan facility that is secured against valuable tangible assets such as Edmiston House and the Albion car park? Did these investors even exist or was it just bluster for the cameras? With the voting rights of Blue Pitch Holdings and Margarita Funds Holding Trust still registered in his name does he still have a binding agreement to purchase the remainder of Charles Green’s shareholding as per the Media House press release of 30th August 2013, an acquisition which would take him over the concert party threshold of 29.9 percent? And given his good relationship with the individuals behind these trusts, why won’t he come to an agreement with them to publicly reveal their identities to allay fears that certain individuals with alleged criminal activities are involved? For all the questions there are over Sandy Easdale’s involvement at Rangers, there is one that stands out more than most: If the institution that is Rangers means as much to him as he claims, why is that everything he has done in his time in the limelight appears to be to the detriment of what the vast majority consider to be in the best interests of Rangers Football Club? And does he even care...? http://www.thecoplandroad.org/2014/03/posing-question-of-alexander-easdale.html
  11. I have taken off the headline, saying that our league win will be "hollow" as that may have distracted from what, for me, is an inarguable piece. ( http://www.scotsman.com/sport/football/spfl-lower-divisions/rangers-title-will-be-a-hollow-victory-1-3335530 ) by ALAN PATTULLO Published on the 11 March Rangers could be hours away from the League 1 title. The last but one objective in Rangers’ projected return to the top tier in successive seasons could be complete. Another mission accomplished if they win tomorrow night against Airdrieonians. It will be deservedly so. Rangers have won 25 of their 27 matches. They have drawn the two others. They have scored 84 goals, conceding only 14. They are doing what we all expected them to do. They are doing what they should be doing. But is the journey proving as gainful as hoped? Are Rangers making enough use of their journey back to the top flight? This question was first posed last season when a team of mostly experienced professionals – in several cases, internationals – made swift work of part-time opponents. Then, the same complaint was heard. Rangers are using a sledgehammer to crack a nut. They are failing to take a prize opportunity to blood young talent in the first team. More than one person has commented on the underwhelming atmosphere at Bayview earlier his month, when Rangers needed an injury-time penalty to secure three points against East Fife. It was a scuffed victory, set against a backdrop of yelps and shouts from the players that were heard from television screens across the land. It was as uninspiring as it was possible to be. Manager Ally McCoist admitted as much afterwards. He was happy enough with the result, just not the performance. It was far from what he had expected, he said. It was certainly far from what should be expected from what is still, at even casual glance, a team of Scottish Premiership-standard players. For those with the health of Scottish football at heart, it is a slightly deflating experience to study the Rangers teamsheet each week. Doing so will stir far more painful emotions for Rangers fans, since it provides plenty of pointers towards why the club are still hemorrhaging money. Well-paid – some would say vastly overpaid – seasoned professionals playing far below their level is not the only reason why the club are reduced to casting around for loans. However, it isn’t helping. Much was made of how Rangers might negotiate their way back up the leagues when it was confirmed that they would begin season 2012-13 in the old Third Division. While clearly traumatic, some expressed the hope that this would at least provide them with the opportunity to rebuild from the bottom up; to resuscitate the club’s youth development programme. Few can claim that Murray Park has been as successful on that front as was hoped. The most successful graduates are now playing elsewhere. Are there many coming through the ranks? Not on the evidence presented to date. Of the players used by McCoist on Saturday, most would not have seemed out of place in the Scottish Premiership. Indeed, several of them are not only Premiership players, but top end ones. Lee Wallace was one of Hearts’ best players before he made the switch to Ibrox, as was David Templeton. Jon Daly was regarded as a significant loss by Dundee United fans when he departed, while Richard Foster is the epitome of a dependable professional, though when he returned to the club he seemed far from essential to Rangers’ ambitions of winning the title. Cammy Bell, meanwhile, had earned international recognition with Kilmarnock. On the bench, of course, is substitute goalkeeper Steve Simonsen, with the younger Scott Gallacher condemned to play reserve team football following his return to Ibrox after a loan spell with Airdrieonians. Defenders Craig Halkett and Lucas Gasparotto, who qualifies for Canada, are two players whom many expected to have been employed by now, but neither has featured yet this season – not for Rangers at least. Fraser Aird and Robert Crawford, who replaced Aird during last Saturday’s match, are sources of some optimism, as, of course, is Lewis Macleod, the currently injured Scotland Under-21 internationlist. McCoist clearly does not believe others coming through at Murray Park are good enough. If he did, he would have fewer qualms about pitching them into the team, the way that Dundee United manager Jackie McNamara has done at a higher level. It is unlikely that McCoist will be persuaded to do so next season either, in a league where teams need to know how to look after themselves, perhaps to an even greater extent than in the Premiership. So has Rangers’ window for youth development now passed? Probably. They have other battles to fight in any case. But when they do take their place in the top flight, probably in two seasons’ time, the relief may well be tempered by a niggling sense of what else might have been delivered over the course of their exile.
  12. alex thomson ‏@alextomo 28m Rangers to go into Administration on Wednesday? At least one senior Glasgow accountant is saying so tonight. https://twitter.com/alextomo
  13. The 4th Meeting of the Rangers CIC Working Party was held at the Louden tavern on Monday night. As previously reported, the Limited Company has been incorporated and will be converted to a CIC by Glasgow Solicitor, James Blair, who will become the first director. Draft Articles of Association (incorporating changes from the model suggested by me and RA) should be up on the web site imminently, for comment. As well as the minimum £5 per month donation (suggested donation £18.72), there will be a facility to become a Life Member of "Club 1872" by making a one off payment of £500. This can be paid in whole or in part by transferring shares (at current price) to the CIC. Donations can now be accepted and the money will be held by Gocardless until such time as the CIC bank account is established in the next few days. For information on how to contribute please email will@rangersfirst.org or admin@rangersfirst.org. The full Minutes will be published asap on the web site.
  14. didn't like our kits at first but got the new third kit and reckon it's a cracker. Anyone find the sleeves are a bit tight/short though? PS - Noticed the shirt sizes go up to something like XXXXXL. WTF A large will do me and I need it for length not the beer belly!
  15. Hi everyone. We are SDMC Productions, and we are producing a feature-length documentary charting the extraordinary story of Rangers FC. The project is coming along brilliantly, but we are interested to know what you, the fans, would like to see in the documentary! We'd be interested in your feedback and input, because this is a film made for the fans to tell the Rangers story from the fans perspective! Are there any particular things that you would like to see in the documentary, aside from interviews and goals. Perhaps there is a highlight of the club that sticks out for you- a moment, a player, a season? We’d be interested in all of your suggestions in all aspects of the documentary. Whatever you’d like to see in the documentary, we’d like to hear from you! What do you think of the ups and downs of Rangers FC, and the recent involvement of Dave King? What are your views and opinions on this? Where do you see the club in the future? We are also interested to know if you would go to the cinema to watch this documentary? Would you consider any areas that are too sensitive for us to cover? What features could we include to make it interesting to you? We've got a short teaser trailer of the documentary now up on YouTube - check out our interviews with David Fisher, Clive Anderson and other Rangers fans and supporters. https://www.youtube.com/watch?v=ph0UAvTrTaU&noredirect=1 As the fans, we want you to be proud of this project, so we don’t want to leave any stones unturned! Thanks again everyone, looking forward to having you onboard with us! Best wishes, SDMC Productions.
  16. Dave King’s war of words with the Rangers Board could cost Scottish football millions. Rangers former director Dave King has ramped up his increasingly volatile spat with the Ibrox directors yesterday by releasing a hard-hitting statement. The South Africa-based businessman last night publicly suggested Charles Green might be the “power behind the throne” at the Ibrox club. And in an emotive response to the current directors’ criticism of him, he claimed they were asking fans to show blind faith in their actions. Promising to fly to Scotland this week for action meetings with supporters’ representatives, he pointedly said Rangers fans are loyal — but not stupid. It has now emerged the uncertainty once again enveloping Rangers could scupper the SPFL’s plans for a lucrative TV contract to cover games in the Championship next season. That is the latest twist in an extraordinary few days of turbulence that have once again brought the very future of the Light Blues into question. Angered at the news Rangers were to take on a “soft” loan with a repayment when he himself would have offered it interest-free, King made his move. He advised fans to withhold their 2014-15 season ticket money, and instead put it in a Trust. However, while that move got the overwhelming support of the official supporters groups, it angered the Board, who accused him of effectively threatening to put the club out of business. Such a move would leave the club in danger of falling into insolvency, which would be as big a blow for the League as it would be for the club. Anticipation of a highly-attractive Championship in 2014-15 has brought interest from broadcasters. With Rangers and Hearts set to involved, and possibly Dunfermline and even Dundee, the SPFL have been inundated with inquiries from a wide variety of media companies. In particular, it is understood a number of broadcasters, including the BBC, have inquired about the possibility of a one-year deal to include both live action and highlights. The League, however, has been trying to sell the rights as a three-year package worth millions over the period. They feel that is the best way to broaden the game’s appeal Now, though, they are concerned the internal strife at Rangers, possibly now just two games away from being the Championship’s biggest asset, will have would-be bidders running scared. Uncertainty is traditionally a major problem for anyone looking to invest in the game. The SPFL know that only too well, having struggled to attract a title sponsor for the new set-up. That has drawn criticism for the Board and Chief Exec Neil Doncaster. Ironically, Rangers’ woes could actually end up making the product more attractive for potential viewers. Were Ally McCoist’s side to go into administration, under the new rules they would pick up an automatic 25-point penalty. A handicap that would negate any advantage they will hold over their Championship rivals next season. As things stand, the League One champions-elect are already warm favourites with the bookies to continue their journey straight through the lower leagues. That is not too surprising, given they are set to go through an entire season in the country’s third tier without losing a single game. The manager, though, is adamant the Championship will be far more competitive and has warned lots of improvement will be required. The combative tone of King’s latest statement would appear to make clear that King has no intention of ever joining forces with the current Board. Having had one unsuccessful meeting with Sandy Easdale, he appears now intent on trying to force the directors out. And in doing so, he has opted for a twin approach. The first is an upbeat message to fans, who would follow him talking of a “watershed moment” in the club’s history. The second is an attempt to call upon the men who currently run Rangers to justify their actions. Whether he succeeds only time will tell. But without question, this latest news signals an escalation of hostilities. Meanwhile, Rangers boss Ally McCoist admits to frustration that off-field events are jeopardising the recent progress made by his team. “I am slightly concerned that, once again, other issues may detract from what so far has been a very successful campaign,” he said. “We are hopeful in the next few games we can clinch the Championship. We have got the Ramsdens Cup Final ahead, also the Scottish Cup quarter-final, with an incredible incentive to win that and get a home tie in the semi-final. “So on the football side, there are, for the first time, positives. But I am not going to get carried away.” http://www.sundaypost.com/news-views/scotland/ex-rangers-director-king-could-kill-tv-deal-1.248023
  17. Just in case anyone fancies doing this while raising money for charity! http://www.gersnet.co.uk/index.php/latest-news/225-football-aid-2014-play-at-ibrox
  18. Some of my latest musings on the King/RFC debate on TRS for your persual: http://www.therangersstandard.co.uk/index.php/articles/current-affairs/313-the-battle-for-rangers-the-120-day-war
  19. Hi All,: As many of you may have heard, SDMC Productions is producing a Feature Length Documentary charting the Extraordinary story of Rangers Football Club - Still the most Successful Domestic Club in the World ! This was originally to be a SDMC & BBC project; however, due to the relationship between Rangers/The Fans and the BBC we have decided to fund this ourselves. We are now opening a project to include the Fans and Supporters in this feature and will then screen in Cinemas around Scotland. Please check out the link below to our project page and support if possible - Please also pass to Friends, Family and fellow supporters and help us get this project completed! Link: Thanks guys! Niraj. -- Niraj Dave |Researcher SDMC Productions Limited Email: niraj.dave@sdmcproductions.com Office: http://www.sdmcproductions.com [​IMG] Disclaimer: The contents of this e-mail are confidential to the recipient to which addressed. It may not be disclosed or used by anyone other than addressee, nor may it be copied in any way. If received in error, please contact SDMC Productions Ltd @ mail@sdmcproductions.com quoting name of sender and addressee. PLEASE DELETE FROM SYSTEM Please note that neither SDMC Productions nor any Employees or associates accept any responsibility for viruses and it is your responsibility to scan the e-mail and attachments (if any). No contracts may be concluded on behalf of SDMC Productions Ltd by means of e-mail communication.
  20. 5 years at 300k per week. Fair play to him but silly from Man Utd. IMO he has peaked. Some players peak earlier in their careers than others and I can only see Rooney starting to wind down now. Change of shift in power...Man Utd wont win the league in the next 5 years.
  21. Don't have much to go on, but apparently King is predicting our financial meltdown again in another Keith Jackson article....
  22. http://www.thelawyer.com/analysis/ma...016288.article Cohen & Stephen (The Liquidators of Rangers FC) & Ors v Collyer Bristow Late 2013, 5-10 days, Chancery Division For the claimant Cohen & Stephen (The Liquidators of Rangers FC): South Square?s Mark Philips QC leading South Square?s Stephen Robins previously instructed by Taylor Wessing partner Nick Moser, taken forward by Stephenson Harwood partner Stuart Frith For claimants the Trustees of the Jerome Group plc Pension Fund: Outer Temple Chambers? David E Grant, instructed by trustees David Simpson, who is also a qualified barrister For the claimants HMRC: South Square?s Lucy Frazer For the claimants Merchant Turnaround: Maitland Chambers? James Clifford and Matthew Smith of the same set, instructed by Macrae & Co?s Julian Turnbull For the respondent Collyer Bristow: 3 Verulam Buildings? Cyril Kinsky QC leading Matthew Hardwick of the same set, instructed by Clyde & Co partner Richard Harrison . The financial collapse of Rangers FC put in the public eye the club?s relationship with its professional advisers, including Collyer Bristow and former partner Gary Withey. Withey quit the firm in March after he became embroiled in the Glasgow club?s administration because he had advised businessman Craig Whyte on his takeover of the club in 2011. Duff & Phelps were appointed as the original administrators of the club and, in March last year, announced it would take action against the firm. When liquidators Cohen & Stephen took over the wind-down of the club it pledged to carry on the case. The firm has lodged a Part 20 claim against private equity firm Merchant Turnaround. Collyer Bristow stands accused of ?deliberate deception? over Whyte?s doomed bid for the club. The court heard at a pre-trial hearing in April that Collyer Bristow is alleged to have been involved in conspiracy, breach of undertaking, negligence and breach of trust, with Withey - who acted as the club?s company secretary - complicit in the allegations. It was revealed that when Whyte agreed a majority stake takeover offer in May 2011 he also pledged to pay off the club?s £18m debt to Lloyds Banking Group and invest £9.5m of ?new money? in the club. This included £5m for players, £2.8m to HMRC and £1.7m for capital expenditure. That offer persuaded then director Paul Murray and the board not to launch an alternative £25m share issue to generate the money needed to stabilise the club. Instead, the court was told, they agreed to Whyte?s takeover, with Collyer Bristow acting for Whyte. Administrators were called in February 2012 and various parties - including HMRC, private equity firm Merchant Turnaround and Jerome Pension Fund trustees - lobbied to reclaim their stakes in Rangers. The firm says it will vigorously defend the claims. Withey had originally applied to intervene in the case, but has now withdrawn his application. This battle will be closely followed by firms and fans alike as it promises to lay bare the firm?s relationship with Whyte and the club.
  23. Gribz

    Hullo Hullo

    Can someone please explain to me why we don't sing this greatest anthem anymore The "authorities" (define them) have said we cant so we follow like sheep. It is legally proofable (is that a word) that this isn't a bigoted or sectarism song....so say lets start a campagn to bring back our anthem. If it means missing a word then so be it....but they cant ban 1 and not for another Hullo Hullo
  24. There is a major flaw in his thinking here. Apart from the fact that rebuilding that late means it will take seasons to be ready, I mean. In addition, you don't just spend 30 million to replace 30 millions worth - what about all the dud buys, or the foreign player s who don't settle or those who find the R rangers shirt "too heavy"? How many of his buys would actually make it to long term first team challenging for the title quality? Good to see the scouting (lack of) being stressed, though. http://www.scotsman.com/sport/football/spfl-lower-divisions/mccoist-rangers-may-need-30m-to-return-to-top-1-3307214 ALLY McCoist believes Rangers may need to spend as much as £30 million on strengthening their squad if they hope to mount a serious challenge for the Premiership title in two years’ time. Speaking on the second *anniversary of the Ibrox club *entering administration, the manager expressed his hope Rangers are finally emerging from the darkest and most turbulent period in their history. With his team’s projected return to the top flight of Scottish football for the 2015-16 season on schedule as they close in on the League 1 title, McCoist insists significant funding will be required to restore them to pre-administration standards on the pitch. “Whether we are contenders again in two years will depend on a number of things,” said McCoist. “One of them will be investment in the team, along with stability at boardroom level which is vitally important. “If we get that, then I’d be very hopeful we’d be back in the top league and have a better chance of bringing in the quality of player to enable us to compete at the top of that league “It’s difficult to put a figure on how much investment we need. But if you lose in the region of £30m worth of players as we did because of administration – players like Nikica Jelavic, Steven Davis, Allan McGregor, Steven Whittaker and all those boys – then I would think that standard of player needs to get replaced. “I’m not saying £30m is the exact figure, but that’s roughly what we’ve lost. Some will argue it might be more than that, some might say a little bit less. “But my point is that you can’t lose that, not replace it and then expect to compete at the top level.” McCoist’s playing budget will be determined by recently appointed chief executive, Graham Wallace who is half-way through his 120-day *review of Rangers’ business *operations and cost structure. Among McCoist’s priorities is the reinstatement of a scouting network at the club which has been completely dismantled over the past two years. “Graham and I speak a lot and we will be having another meeting today at Ibrox,” added McCoist. “He hasn’t indicated to me where he is with it at the moment, but I don’t have any doubt once he’s done his *review we will sit down and look *longer term, in terms of *players for next season, in terms of budget for next season, in terms of our scouting, in terms of *Murray Park and development of *football. “There is a lot of work to be done and a lot of things to be discussed which I know he’s looking forward to and I certainly am as well. I haven’t mentioned a figure to him yet – you’ve dragged that out of me! But it will have to be mentioned at some point, absolutely. “I’ve been invited to board meetings, which I look forward to, to discuss the first team, the under-20s and the youth system. It will all be brought up, as will the scouting which needs to be addressed immediately. “Scouting is an immediate concern, particularly now as we are heavily into the rebuilding process for the club – short, middle and long-term. If we’ve not got a scouting department, which we don’t have, then that is plainly far from ideal. “It’s absolutely staggering that we don’t have a scouting *department. That’s through no fault of Graham Wallace or *anyone on the current board – but it is our problem which needs addressed.” With short-term funding an obvious concern for Rangers, rumours have persisted regarding the possibility of another insolvency event, but McCoist remains comfortable with the assurances to the contrary he has received from Wallace. “He has categorically told me that will not be the case,” said McCoist. “He told me once and if that changed he would have told me otherwise. He told me that’s not the case and that’s good enough for me and I’d fully expect in the relationship I have with him, if the goalposts had moved in that direction he’d have told me.”
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